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Thursday, 27 December 2018

Gold shines gold, silver crosses 38 thousand


Gold prices rose by Rs 100 to Rs 32,500 per 10 grams on Wednesday in the Delhi Sarafa Bazar market due to demand from local jewellery demand at the highest level of six months on the yellow metal. In the meantime, silver gained Rs. 125 to Rs. 38,125 per kg from the demand for industrial demand. Globally, London's gold spot jumped by $ 4.33 to $ 1,273.40 an ounce. In February, the US gold futures also increased by $ 5.10 to $ 1,276.90 per ounce.

Dollar downgrade by trump
According to analysts, investors' tension has been reduced in risky investments due to increased stress on monetary policy between US President Donald Trump and the US Federal Reserve. At the same time, the interest in safe investment has increased due to the insistence of Trump to refuse to sign the federal expenditure to pass a $ 5 billion bill to fencing the US border with Mexico. Government work in the US is partially stalled due to Trump's stumbling attitude. In the overseas markets, silver gained Rs 0.12 to $ 14.85 an ounce.


Silver crosses Rs 38 thousand counter

Gold standard rose by Rs 100 to Rs 32,500 per ten gram after the 12th day of December, after gold demanded for the third consecutive day as demand of domestic pearls rose. Gold Bitur also reached the same level of Rs 32,350 per 10 grams. However, the eight-gramy gini was steady at Rs 25,000. Silver coins continued to rise by Rs 125 to Rs 38,125 per kilogram on industrial demand. Silver futures also rose by Rs 140 to Rs 37,680 per kg. Coin and selling remained steady at Rs 74 thousand and Rs 75 thousand per sq.


Price of both precious metals in Delhi Sarafa Bazar (Rs.

  •  10 grams per standard gold: 32,500
  •   10 grams per golden bitur: 32,350
  •  Silver Spot Per Kg: 38,125
  •  Silver futures per kilogram: 37,680
  •  Coin sold per hundred: 74,000
  •  Coin sold per hundred: 75,000
  •  Eight grams per Guinean: 25,000
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